Chapter 949 PayPal's new boss (ask for subscription, Happy New Year.) )
Meg Whitman was shocked when she received the news that Musk directly refused to negotiate with eBay.
In her opinion.
Peter Thiel went to China to touch the ashes of his nose, and the whole of Silicon Valley in the United States was watching PayPal jokes. And she is also ready to spend a little more energy in the next time to achieve the purpose of acquiring PayPal. As for the verbal promise of promising technology, everyone in the company objected, and Meg Whitman decided to continue to play the role of crossing the river and demolishing the bridge.
But, at this time.
Musk closed the door to her.
Meg Whitman doesn't know why Musk made this move.
Maybe it's to protect PayPal.
After all, now, the global news and public opinion are not particularly good for PayPal.
In particular, the Chinese media quoted PayPal like a cabbage.
Musk and others will definitely have to make adjustments.
Meg Whitman, as a strong business woman, sometimes, is well-informed, but it is actually a wrong judgment.
She thought Musk was paying too much premium to protect PayPal from public attacks. Therefore, it is very 'understandable' that Musk's move is only to temporarily stop any business negotiations, and he will not care about it.
It's just Meg Whitman's 'open-mindedness' that is destined to make her pay for her inattention.
Musk, who rejected Meg Whitman, after listening to Chen Chuliang's best advice, has decided to go to China in person, that is, to book the fastest plane to China.
October 24th.
Three o'clock in the morning.
PayPal's Musk arrived in Hanzhou.
Peter Tier, who had come to China a week ago, and Wen Lisha, a Chinese female translator, met her at the airport.
I met Musk, who came in a hurry.
The day before yesterday in the Youwei Technology meeting room, Peter Thiel didn't know what his partner Musk and Chen Chuliang talked about.
But the result should be very good.
Because, Musk came to China in person.
Picked up Musk on the way to the airport hotel. Peter Thiel spoke to Musk in English. "Elon..... you are in a hurry to come to Huaxia, are you really sure PayPal plan to sell it to Youwei Technology?"
Musk said: "I plan to see Mr. Chen early tomorrow morning...."
Peter Till didn't say anything, just asked, "Are you sure that the one surnamed Chen can make our PayPal founding team cash out 50%?"
Musk said: "We'll know tomorrow." ”
Peter Thiel asked, "What about the capital behind PayPal? What do they mean? For the current price, is it acceptable?"
Musk said: "The capital side has no opinion, before coming to China, I had a meeting....now, as long as we can let the capital side cash out, he will not care about the company we sell to that country." ”
Peter Thiel understood.
Turning around, their PayPal team tossed and turned for more than half a year, and finally it was still valued at $1 billion.
Of course, if it weren't for their own death.
I have to come to China to "show", and the Chinese media and foreign media are all reporting on PayPal like selling cabbage.
Perhaps, they can have a little more cash in hand.
Right now.
Of course, if you can cash out, you can cash out, and you won't delay it, for fear that if the bubble blows up and bursts, there will be nothing.
……
Early the next morning.
Musk led a team with Peter Thiel and female translator Wen Lisha to Youwei Technology together.
This is Musk's first visit to China. 、
No, to be precise, it was an Internet company that visited Huaxia for the first time.
Walk into Youwei Technology Company.
Musk feels a more dedicated and rigorous entrepreneurial spirit than in Silicon Valley.
It is difficult for him to imagine that this is the spiritual outlook of a Chinese Internet company.
Fierce, hardworking, enterprising, innovative?
This is Musk's evaluation of promising technology.
Until I met Chen Chuliang.
Chen Chuliang, who is only a little bit old in his early twenties.
Let Musk, even in Silicon Valley, be called a young entrepreneur.
The other party is too young.
It's hard to imagine.
Just such a young man.
It was actually the capital party that acquired PayPal.
"Mr. Chen, I am glad to meet you. ”
Musk stepped forward and shook hands with Chen Chuliang and greeted him.
At this moment, Musk is no longer the entrepreneurial master of Silicon Valley.
It's a salesperson who comes to China to sell his own products.
Chen Chuliang in front of him is his food and clothing parents, and he is a customer like God.
After meeting Musk, Chen Chuliang's attitude towards him was much better than that of Peter Thiel: "Welcome Mr. Elon, we are also fortunate to meet." ”
smiled. As for Peter Tiel, he had already seen it, so he didn't say hello.
After a simple greeting, it is still necessary to enter the main topic of meeting in a hurry.
Then Chen Chuliang led Musk to the living room next to him.
After taking a seat.
The purpose of Musk's trip is clear.
It is to reach an agreement with Chen Chuliang to acquire PayPal.
So, just sit down.
Musk took out all the documents he brought with him on this trip.
"Mr. Chen, according to what you discussed with me the day before yesterday, if you want to withdraw the capital behind PayPal, and our founder team will cash out another 50% to value PayPal at $1 billion. It will cost about $730 million to hold a 73% stake in the newly formed shares..."
Musk doesn't explain much either. Directly tell Chen Chuliang how much he should pay if he wants to liquidate the capital side of PayPal while retaining a part of the equity of PayPal's creation team.
With this shareholding ratio, if Chen Chuliang has no problem, then this business will be done.
Of course, Musk is also more cautious, afraid of any changes.
After finishing speaking, I was also very worried in my heart.
Musk's uncalmness made Chen Chuliang sigh that even if he is a big man in the future, in the early stage of entrepreneurship, he will suffer from gains and losses like a rookie. On the contrary, Chen Chuliang showed a wealthy posture at this time. He believes that before Musk came to Huaxia, these works were done carefully enough. And he and Lao Xiao also calculated that retaining a part of the equity of PayPal's founding team would almost pay a large amount of nearly $700 million. This money can be cashed out temporarily by promising technology. Just said: "Mr. Elon, money is not a problem....You came all the way from the United States, how can you let you go back empty-handed? Since the capital side of PayPal is now all empty, then I congratulate in advance that the new PayPal will start sailing from today." ”
Elon Musk saw that Chen Chuliang, a young man, had a calm expression on the transaction of hundreds of millions of dollars, and he admired Chen Chuliang's determination a little in his heart. At this time, it is inevitable to pat the horse's ass, perhaps because of a good mood, of course, PayPal bought a billion dollars, and he, as a gold digger, is also very proud in his heart. "I believe that in the future Silicon Valley of the United States, there will be a place for Mr. Chen...."
Chen Chuliang didn't feel uncomfortable with Musk's sycophants at all, and when he was reborn, he was no longer the entrepreneur who struggled in the Internet industry in his previous life, but firmly grasped the ecology of the entire industry, rode the spring breeze of the Internet industry, stabilized his foothold, and finally became bigger and stronger. Even, now it is ready to enter the international market and begin to sweep the world.
So, meet any cow man who has known well in his previous life.
Now Chen Chuliang is very calm to accept their praise for his excellence.
"Mr. Elon, then, let's sign...."
Chen Chuliang smiled and proposed that if Musk has no opinion, then sign the acquisition agreement first, and at the same time the new PayPal has become a joint shareholding of the founding team behind him and Musk, and the original team of PayPal still assumes the responsibility of management, and Promising Technology will not interfere ... As for the next plan, that is, waiting for Promising Technology, the first time to emerge on the international stage.
Musk was also fully prepared, nodded and said: "In the future, Mr. Chen will be the new boss of PayPal." ”
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